since the city residents voted overwhelmingly for him. now comes word that instead of a bailout bankruptcy dmob their future. how bad is it? >> reporter: bad, bad. the state treasurer is going over their books to see if there is a way to prevent the largest city to go bankrupt in new york history. 20 years ago it had automobiles and music. it seemed like the center of the universe. the fear is that the state review will show the city is broke. the way the city can avoid filing bankruptcy is to come to terms with their unions and creditors with their pensions and healthcare and other obligations. detroit is over $2 billion in debt and experts say it's unlikely they are going to come to terms. it also does not look like the president or the big banks will come to the rescue. chapter 9 is very expensive and it's a last ditch effort because it will lead to money going out the door and also to a lot of chaos. it's legally giving detroit about six months to get its books in order, to get its financial house in order. but if this review shows th